SOURCE: TeleCommunication Systems, Inc.

May 09, 2008 12:38 ET

TeleCommunication Systems to Present at the 6th Annual Wedbush Morgan Securities MAC Conference

ANNAPOLIS, MD--(Marketwire - May 9, 2008) - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a global leader in mission-critical wireless communications technology, has been invited to present at the 6th Annual Wedbush Morgan Securities MAC: Management Access Conference for Micro-Small-Mid-Cap Companies to be held at Le Parker Meridien Hotel in New York on May 21-22, 2008.

TeleCommunication Systems chairman, president and CEO, Maurice B. Tosé, and senior vice president and CFO, Tom Brandt, are scheduled to present on Wednesday, May 21 at 4:00 ET.

Management will discuss recent record financial results and company progress, including strong wireless carrier license sales trends. They will also address recent contract awards received as one of six primary vendors on a $5 billion Army Worldwide Satellite Systems Contract vehicle. On May 1, 2008, the company reported record first quarter 2008 GAAP net income, which was up 90% year-over-year to $4.6 million, or $0.11 per basic share. These results were driven by an 18% sequential increase in revenue to $40.4 million.

The Wedbush Morgan Securities' annual East Coast conference, first held in 2002, features over 60 technology companies from sectors such as: enterprise software, entertainment software, transaction processing and hardware, semiconductors, telecommunications equipment, telecommunications software and wireless equipment. This conference provides investors with significant value-added information, small-group meetings and formal presentations while demonstrating our strong commitment to providing premier research and execution services.

For more information contact your Wedbush Morgan institutional salesperson or Erica Kiser at (213) 688-6736.

About Wedbush Morgan Securities

Wedbush Morgan Securities is a leading financial services and investment firm that provides private and institutional brokerage, investment banking, private capital, research, and asset management to individual, institutional and issuing clients. Founded in 1955, Wedbush Morgan Securities is one of the largest private, independent brokerage firms in United States. The firm specializes in providing brokerage and advisory services to both institutional and private clients. The Private Client division has 23 regional offices and over 100 nationwide correspondent offices. Wedbush Morgan focuses on middle-market companies and their entrepreneurial leaders, and has met the financing needs of numerous successful growth companies across a variety of industries through public offerings, private placements and financial advisory services. Wedbush Morgan's research and investment banking groups focus on sectors within technology, consumer goods and services, life sciences, industrial and business service.

About TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) produces wireless data communications technology solutions that require proven high levels of reliability. TCS provides wireless and VoIP E9-1-1 network-based services, secure deployable communication systems, engineered satellite-based services, and commercial location applications, like traffic and navigation, using the precise location of a wireless device. Customers include leading wireless, cable and VoIP carriers around the world and agencies of the U.S. Departments of Defense, State, and Homeland Security. For more information, visit www.telecomsys.com.